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H.R. 10352 House Commerce

504 Program Level Flexibility Act

Calendars and Scheduling, still live
Introduced
Sep 14, 2026
Sponsor
Rep. Simon, Lateefah (D-CA-12)
View on Congress.gov (opens in a new tab)

STAGE 3 OF 8 — CALENDARS AND SCHEDULING

Currently in the House. Last action: placed on the union calendar, calendar no. 747 on Oct 9, 2026.

  1. House Introduced in House Sep 14, 2026
  2. House Referred to the House Committee on Small Business. Sep 14, 2026
  3. House Committee Consideration and Mark-up Session Held Sep 16, 2026
  4. House Ordered to be Reported by the Yeas and Nays: 23 - 0. Sep 16, 2026
  5. House Reported by the Committee on Small Business. H. Rept. 119-850. Oct 9, 2026
  6. House Placed on the Union Calendar, Calendar No. 747. Oct 9, 2026

Cosponsors

2

Subjects

Government lending and loan guaranteesInfrastructure developmentPublic-private cooperationState and local government operations

Committees

  • Small Business Committee
    • [Reported By, Oct 9, 2026]
    • [Markup By, Sep 16, 2026]
    • [Referred To, Sep 14, 2026]

Summary

504 Program Level Flexibility ActThis bill authorizes the Small Business Administration (SBA), upon a determination that the amount of its commitments to guarantee loans under the 504 Loan Program could exceed the authorized annual limit, to guarantee up to 115% of that limit.The 504 Loan Program provides a small business with SBA financing—through a certified development company intermediary—for expansion or modernization.The bill requires the SBA to notify Congress if it intends to use this authority. The SBA may exercise the authority only once each fiscal year.

[Summary as of: Reported to House]

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